Ferrovial began life in 1952 as a construction company. Fifty years later Ferrovial is a diversified group, with four operating units: Construction, Services, Toll Roads and Car Parking and Airports.
Ferrovial is the largest construction group in Spain, the second biggest in Europe by market capitalisation, and is quoted on the Madrid stock exchange. Its turnover in 2006 was €12.34 billion (taking into account BAA acquisition and new accounting treatment), delivering a €1.426 billion profit.
Ferrovial has followed a strategy of geographical expansion and service diversification, increasing its presence in infrastructure and services that are less cyclical than the company’s construction activities.
Ferrovial’s acquisition of Amey was a key part of this strategy, helping to boost revenues from its services business.
Ferrovial has a truly global presence with 33% of its revenues coming from outside Spain (mainly Canada, UK, Australia, Portugal, Poland and Chile), and around 100,000 employees based worldwide.
In June 2006, a consortium led by our parent company, Ferrovial, bought BAA, the world's largest owner and operator, thereby becoming the world's leading private sector infrastructure operator.
Ferrovial also manages Belfast City Airport and Antofagasta Airport in Chile. In 2005 Ferrovial acquired Swissport: the world's leading provider of ground and cargo handling at airports around the world.
For more information on Ferrovial, please visit their website www.ferrovial.com. For details of the latest annual report please visit thier specialist site http://report2007.ferrovial.com